NOT LISTED FOR SALE

3591 Palmquist Rd Watersmeet, MI 49969

Estimated Value: $511,000 - $656,000

4 Beds
3.5 Baths
3,700 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $285,000 $77 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,360/month

543 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Private Lot
  • Docks
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of June 2020

Comparably priced to off water homes of this caliber, ultimate privacy can be yours at this hidden bay located on the famed Cisco Chain. There is 285' of frontage and 2.9 acres with striking natural views over the waterway; ample depth for a good sized boat and only 1 other dock is visible! Plenty of room with 4 bedrooms and 4 baths, yet the intimate lodge-like great room provides the perfect gathering place for your family and guests. This cedar sided home has a new roof and the interior features tongue & groove cedar paneling with log beams, cathedral ceilings, & a huge fieldstone fireplace. The master suite includes walk-in closets, full bath and adjoining study. Down a beautiful wood floored hall is the media room and guest room complete with Jacuzzi. The loft has two bedrooms and bath. Room for the toys too with the attached insulated, heated 3 car garage w/extra storage. Virtual Tour available: (See Realtor SPAL.)

Last Agent to Sell the Property

John Sarama

ELIASON REALTY - LAND O LAKES License #48469 - 94 Listed on: 11/28/2018

Last Buyer's Agent

Mike Swisher

ELIASON REALTY - EAGLE RIVER License #76887 - 94

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 2.9 Acre Lot
  • Lake Front
  • Property fronts an easement
  • West Facing Home
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 3 Car Garage
  • Heated Garage

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 3,700 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Stone Fireplace
  • Property Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Docks

Schools

  • Watersmeet Elementary School
  • Watersmeet High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Drilled Well
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06-30-901-300

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

2.9 Acres

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Easement
  • Water Body Name: CISCO
  • Ownership: Trust
  • Directions: Hwy B West 10 mi to Right on Thousand Island Lk Rd. At intersection, bear Left onto Roddis Road keeping to the Right over the ridge to a Right on Palmquist. Follow Palmquist almost to end to #3591.
  • Above Grade Finished Sq Ft: 3700.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1992
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Propane Water Heater, Range, Washer
  • Has Basement: Exterior Entry, Sump Pump, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Mixed, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Private, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame, Wood Siding
  • Direction Faces: West
  • Exterior Features: Dock, Propane Tank - Leased
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Underground, Garage, Heated Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Schools

  • Elementary School: GO Watersmeet
  • High School: GO Watersmeet

Lot Info

  • Lot Size Sq Ft: 126324.0
  • Parcel #: 06-30-901-300
  • Zoning Description: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
May 29, 2020
Sold by
Clifford L Newman Trust
Bought by
Maslakow Paul and Maslakow Gayle
Seller's Agent
John Sarama
ELIASON REALTY - LAND O LAKES
Buyer's Agent
Mike Swisher
ELIASON REALTY - EAGLE RIVER
List Price
$339,000
Sold Price
$285,000
Premium/Discount to List
-$54,000
-15.93%
Current Estimated Value
$574,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,113
Avg. Annual Appreciation
12.88%
Original Mortgage
$270,750
Outstanding Balance
$240,447
Interest Rate
3.3%
Estimated Equity
$333,666
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Maslakow Paul $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maslakow Paul $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Sold $285,000 -15.9% $77 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
11/28/2018 11/28/18 For Sale $339,000 -- $92 / Sq Ft
Source: Greater Northwoods MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,865 $249,260 $135,102 $114,158
2024 $2,947 $229,585 $139,597 $89,988
2023 $2,673 $219,019 $168,656 $50,363
2022 $4,369 $178,175 $137,330 $40,845
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Sarama

    ELIASON REALTY - LAND O LAKES

    (715) 617-0241

    85 Total Sales

    John Sarama
    Section Image
  • Mike Swisher

    Buyer's Agent in 2020

    Mike Swisher

    ELIASON REALTY - EAGLE RIVER

    (715) 437-0181

    64 Total Sales

    Mike Swisher
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 175613

Greater Northwoods MLS

APN: 06-30-901-300

Michigan Gogebic County Watersmeet 49969

3591 Palmquist Rd, Watersmeet, MI

Not Listed for Sale

Detached

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